Indemnification for Funding and Other Losses. Each LIBOR Request shall be irrevocable and binding on Borrower. Borrower shall indemnify Lender for actual losses suffered by Lender to the extent required as a result of Borrower’s failure to fulfill, on or before the date specified in any LIBOR Request, the applicable conditions set forth in this Agreement, including, without limitation, any loss or expense incurred by reason of the liquidation or redeployment of deposits or other funds acquired by Lender to fund or maintain the requested LIBOR Portion, when, as a result of such failure on the part of Borrower, interest on such LIBOR Portion is not based on the applicable LIBOR Based Rate for the requested LIBOR Based Rate Interest Period.
Indemnification for Funding and Other Losses. Each LIBOR Request shall be irrevocable and binding on the applicable Credit Party. Without limiting the generality of Section 2.15, the Credit Parties shall indemnify the Bank against any loss or expense incurred by the Bank as a result of any failure on the part of any Credit Party to fulfill, on or before the date specified in any LIBOR Request, the applicable conditions set forth in this Agreement, including, without limitation, any loss (including loss of anticipated profits) or expense incurred by reason of the liquidation or redeployment of deposits or other funds acquired by the Bank to fund or maintain the requested LIBOR Portion when interest on such LIBOR Portion, as a result of such failure on the part of the Credit Parties, is not based on the applicable LIBOR for the requested LIBOR Period. The Bank shall determine the amount of such loss or expense incurred by it, and absent manifest error such determination shall be conclusive, and at any Credit Party's request the Bank shall demonstrate the basis for such determination.
Indemnification for Funding and Other Losses. Each LIBOR Request shall be irrevocable and binding on the Company. Without limiting the generality of Section 2.9C, the Company shall indemnify the Bank against any loss or expense incurred by the Bank as a result of any failure on the part of the Company to fulfill, on or before the date specified in any LIBOR Request, the applicable conditions set forth in this Agreement, including, without limitation, any loss (including loss of anticipated profits) or expense incurred by reason of the liquidation or redeployment of deposits or other funds acquired by the Bank to fund or maintain the requested LIBOR Portion when interest on such LIBOR Portion, as a result of such failure on the part of the Company, is not based on the applicable LIBOR for the requested LIBOR Period. The Bank shall determine the amount of such loss or expense incurred by it, and absent manifest error such determination shall be conclusive, and at the Company's request the Bank shall demonstrate the basis for such determination.
Indemnification for Funding and Other Losses. Each LIBOR Request shall be irrevocable and binding on the Borrower, provided that the Borrower may specify in any such LIBOR Request a maximum LIBOR Rate which they will accept for the related LIBOR Period and the LIBOR Option elected in such LIBOR Request shall not become effective if the applicable LIBOR Rate determined by the Agent shall exceed such specified maximum. Without limiting the generality of subsection 2.5, the Borrower hereby agrees to indemnify the Agent and Lenders against any loss or expense incurred by the Agent or any Lender as a result of any failure on the part of the Borrower (so long as such failure is through no fault of the Agent or Lenders) to fulfill, on or before the date specified in any LIBOR Request, the applicable conditions set forth in this Agreement, including, without limitation, any loss (including loss of anticipated profits) or expense incurred by reason of the liquidation of redeployment of deposits or other funds acquired by the Agent or any Lender to fund or maintain the requested LIBOR Portion when interest on such LIBOR Portion, as a result of such failure on the part of the Borrower, is not based on the applicable LIBOR Rate for the requested LIBOR Period.
Indemnification for Funding and Other Losses. Each LIBOR Request shall be irrevocable and binding on Borrower. Borrower shall indemnify Agent and each Lender against any expense or loss suffered by Agent or any Lender as a result of any failure on the part of Borrower to fulfill, on or before the date specified in any LIBOR Request, the applicable conditions set forth in this Agreement or as a result of the prepayment of the applicable LIBOR Portion prior to the last day of the applicable LIBOR Period, including, without limitation, any loss (including loss of anticipated profits) or expense incurred by reason of the liquidation or redeployment of deposits or other funds acquired by Agent or any Lender to fund or maintain the requested LIBOR Portion. Upon request by Borrower, Agent or the applicable Lender shall provide Borrower with a certificate of an officer of Agent or any applicable Lender setting forth the calculation of the amount of any such loss and the basis therefor, which calculation shall, in the absence of manifest error be conclusive.
Indemnification for Funding and Other Losses. Each LIBOR Standard Rate Request shall be irrevocable and binding on the Borrower for the LIBOR Period, including any automatic rollover or renewal as provided for herein. Without limiting the generality of this subsection, the Borrower hereby agrees to indemnify the Bank against any loss or expense incurred by the Bank as a result of any failure on the part of the Borrower to fulfill, on the date specified in any LIBOR Standard Rate Request, the applicable conditions set forth in this Agreement.
Indemnification for Funding and Other Losses. Each LIBOR Request shall be irrevocable and binding on Borrowers. Borrowers shall indemnify Lender against any expense or loss suffered by Lender as a result of any failure on the part of Borrowers to fulfill, on or before the date specified in any LIBOR Request, the applicable conditions set forth in this Agreement or as a result of the prepayment of the applicable LIBOR Portion prior to the last day of the applicable LIBOR Period, including, without limitation, any loss (including loss of anticipated profits) or expense incurred by reason of the liquidation or redeployment of deposits or other funds acquired by Lender to fund or maintain the requested LIBOR Portion, when, as a result of such failure on the part of Borrowers or prepayment by Borrowers, interest on such LIBOR Portion is not based on the applicable LIBOR Rate for the requested LIBOR Period.
Indemnification for Funding and Other Losses. Each LIBOR Request and each Eurocurrency Borrowing Request shall be irrevocable and binding on the Borrower, provided that the Borrower may specify in any such LIBOR Request a maximum LIBOR Rate which they will accept for the related LIBOR Period and the LIBOR Option elected in such LIBOR Request shall not become effective if the applicable LIBOR Rate determined by the Agent shall exceed such specified maximum. Without limiting the generality of subsection 2.5, the Borrower hereby agrees to indemnify the Agent and Lenders against any loss or expense incurred by the Agent or any Lender as a result of any failure on the part of the Borrower (so long as such failure is through no fault of the Agent or Lenders) to fulfill, on or before the date specified in any LIBOR Request or any Eurocurrency Borrowing Request, as applicable, the applicable conditions set forth in this Agreement, including, without limitation, any loss (including loss of anticipated profits) or expense incurred by reason of the liquidation of redeployment of deposits or other funds acquired by the Agent or any Lender to fund or maintain the requested LIBOR Portion or any Eurocurrency Loan when interest on such LIBOR Portion or Eurocurrency Loan, as applicable, as a result of such failure on the part of the Borrower, is not based on the applicable LIBOR Rate or Eurocurrency Rate, as applicable, for the requested LIBOR Period or Eurocurrency Interest Period.
Indemnification for Funding and Other Losses. Each LIBOR Request shall be irrevocable and binding on Borrowers. Borrowers shall indemnify Agent and Lenders as a result of any failure on the part of Borrowers to fulfill, on or before the date specified in any
Indemnification for Funding and Other Losses. Each Eurodollar Request shall be irrevocable and binding on Borrowers. Borrowers shall, jointly and severally, indemnify Agent and Lenders against any expense or loss suffered by Agent or any Lender as a result of any failure on the part of any Borrower to fulfill, on or before the date specified in any Eurodollar Request, the applicable conditions set forth in this Agreement or as a result of the prepayment of the applicable Eurodollar Portion prior to the last day of the applicable Eurodollar Period, including, without limitation, any loss (including loss of anticipated profits) or expense incurred by reason of the liquidation or redeployment of deposits or other funds acquired by Agent or any Lender to fund or maintain the requested Eurodollar Portion. Upon request by Borrowers, Agent or any applicable Lender shall provide the Borrowers with a certificate of an officer of Agent or such Lender setting forth the calculation of the amount of any such loss and the basis therefor, which calculation shall, in the absence of manifest error be conclusive.
